EV vs Gas Cost Calculator: Compare Ownership Costs
Deciding between an electric vehicle and a gas car? This calculator compares annual fuel costs, maintenance savings, and total cost of ownership over 5 years to help you make an informed decision.
Electric vehicles typically cost 50-70% less to fuel than gas cars. At average electricity rates, charging an EV costs about $0.04 per mile compared to $0.12-$0.15 per mile for gas.
Beyond fuel savings, EVs save $500-$1,000 annually on maintenance due to fewer moving parts, no oil changes, and regenerative braking that extends brake pad life.
For related tools, see our EV charging cost calculator and EV savings calculator.